KuCoin Raises Series A Round of Funding

At KuCoin, we have always believed that one day everything will function with blockchain technology, and we are continuing to strive for this realization.

Today, we are thrilled to announce that we have closed our Series A Round of Funding, raising $20 million (USD) from IDG Capital, Matrix Partners and Neo Global Capital to bring cryptocurrency to the masses.

We will use this financing to:

Bring KuCoin Platform 2.0 to life

Increase customer support staff to offer concierge-level service to all traders

Expand globally by concentrating on targeted markets

Accelerate research to find the best of the best in blockchain projects

Educate and train blockchain talents

We would like to thank our new partners as well as our users who have helped us grow. We will continue to spare no effort in exploring the best hidden gems in the crypto world while growing exponentially on a global scale and, more importantly, solidifying our position as “The People’s Exchange”.